Manulife Financial Corp (MFC)
18 Jul 2018
TORONTO, June 27 Manulife, Canada's biggest insurer, said on Wednesday it had set a target to free up C$5 billion ($3.8 billion) in capital over the next three years, partly by offloading businesses that it no longer wants.
June 21 Canada's Manulife Financial Corp is cutting some 700 jobs in the country as part of a drive to automate certain functions, the insurer said on Thursday.
June 13 Canadian utility AltaGas Ltd said on Wednesday it would sell a 35 percent stake in three hydroelectric projects in Northwest British Columbia for C$922 million ($707.87 million) to help fund its acquisition of U.S.-based WGL Holdings Inc.
* MANULIFE FINANCIAL CORP - INTENDS TO ISSUE $600 MILLION PRINCIPAL AMOUNT OF 3.317% FIXED/FLOATING SUBORDINATED DEBENTURES DUE MAY 9, 2028
May 2 Manulife Financial Corp reported an 18.3 percent jump in first-quarter earnings on Wednesday as Canada's largest insurer gained from robust demand in Asia.
* MANULIFE REPORTS 1Q18 NET INCOME OF $1.4 BILLION, CORE EARNINGS OF $1.3 BILLION AND A LICAT CAPITAL RATIO OF 129%
May 2 Canadian insurer Manulife Financial Corp reported an 18.3 percent jump in first-quarter earnings on Wednesday as sales rose in Asia.
* MANULIFE FINANCIAL CORPORATION ANNOUNCES PREFERRED SHARE ISSUE
TORONTO Manulife Financial Corp on Wednesday reported a decline in fourth-quarter earnings, due in part to higher investment gains boosting earnings in the same period a year earlier.
* Core earnings C$1.2 billion vs C$1.3 billion (Adds details on reported earnings, background on Asian business)
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